Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.34%. On a 20-year mortgage refinance, the ...
The rate on a 30-year fixed refinance increased to 6.27% today, according to the Mortgage Research Center. Rates averaged ...
With mortgage rates still riding high, many new homeowners plan to buy their homes now and refinance later. While this is a fine strategy to get yourself into a new home today, there are caveats and ...
Part of determining if a mortgage refinance is practical is weighing the balance between its benefits and costs.
Mortgage rates have dropped, but refinancing is not always the right move.The first rule is to check if your current rate is at least 1% higher than today’s average. For example, refinancing a ...